Multiple Choice
The Water Utility an enterprise fund has just sent out a purchase order to a vendor for some new equipment. Which of the following would be included in the journal entry to record this event?
A) A credit to Accounts Payable.
B) A debit to Encumbrances.
C) A debit to Expenditures.
D) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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